Chinese PV Industry Brief: CGN New Energy awards 10.5 GW of panel deals
CGN New Energy has awarded contracts for 10.5 GW of solar modules under its 2025 procurement framework. The contracts are split into two packages across seven bidding segments of 1.5 GW each. The winning companies – JinkoSolar, Grand Sunergy Tech, Longi, Gokin Solar, Huansheng Solar, GCL SI, and Meike Solar – will supply n-type bifacial panels of 615 W and above, with backup options of monofacial or bifacial panels of 710 W and above. Bid prices ranged from CNY 0.692 ($0.095)/W to CNY 0.706/W. The contracts run from Jan. 1 to Dec. 31, 2025, with an option for extension upon mutual agreement.
Sofar, a Shenzhen-based solar inverter and energy storage firm, has filed for registration on the Shenzhen Stock Exchange’s Growth Enterprise Market, moving closer to a public listing. After multiple delays and changes, the company now plans to issue up to 93 million A-shares to raise CNY 12.11 billion, with CNY 1 billion earmarked for energy storage and the rest for R&D, manufacturing, and marketing expansion.
The China Nonferrous Metals Industry Association (CNMIA) said that polysilicon production remains at low-capacity utilization across manufacturers, with prices stabilizing compared to last week. Transaction prices for n-type refeed polysilicon range from CNY 39,000 to 46,000 per metric ton (MT), averaging CNY 41,700/MT, while n-type granular silicon trades between CNY 38,000 and 41,000/MT, averaging CNY 39,000/MT. P-type polysilicon prices range from CNY 32,000 to 36,000/MT, with an average of CNY 34,000/MT.
TrendForce said M10 silicon wafer prices are holding steady at CNY 1.10 per piece, while G12 wafers remained at CNY 1.65. n-type 182 mm wafers are priced at CNY 1.18. N-type 210 mm wafers sell for CNY 1.55, while the price of n-type 210R wafers fell 3.03% to CNY 1.28 per piece. In the solar cell segment, M10 cells jumped over 20% this week to CNY 0.33/W, while M10 and G12 tunnel oxide passivated contact (TOPCon) cells held at CNY 0.29/W and G12R TOPCon cells at CNY 0.27/W.
Customized/OEM/ODM Service
HomSolar Supports Lifepo4 battery pack customization/OEM/ODM service, welcome to contact us and tell us your needs.
HomSolar: Your One-stop LiFePO4 Battery Pack & ESS Solution Manufacturer
Our line of LiFePO4 (LFP) batteries offer a solution to demanding applications that require a lighter weight, longer life, and higher capacity battery. Features include advanced battery management systems (BMS), Bluetooth® communication and active intelligent monitoring.
Customised Lithium Iron Phosphate Battery Casing
ABS plastic housing, aluminium housing, stainless steel housing and iron housing are available, and can also be designed and customised according to your needs.
HomSolar Smart BMS
Intelligent Battery Management System for HomSolar Energy Storage System. Bluetooth, temperature sensor, LCD display, CAN interface, UART interface also available.
Terminals & Plugs Can Be Customized
A wide range of terminals and plugs can be customised to suit the application needs of your battery products.
Well-designed Solutions for Energy Storage Systems
We will design the perfect energy storage system solution according to your needs, so that you can easily solve the specific industry applications of battery products.
About Our Battery Cells
Our energy storage system products use brand new grade A LiFePO4 cells with a battery lifespan of more than 4,000 charge/discharge cycles.
Applications in Different Industries
We supply customized & OEM battery pack, assemble cells with wiring, fuse and plastic cover, all the cell wires connected to PCB plug or built BMS.
Applications: E-bike, Electric Scooter, Golf Carts, RV, Electric Wheelchair, Electric Tools, Robot Cleaner, Robot Sweeper, Solar Energy Storage System, Emergency Light, Solar Power Light, Medical Equipment, UPS Backup Power Supply.
We can provide you with customized services. We have the ability to provide a vertical supply chain, from single cells to pack/module and to a complete power solution with BMS, etc.
HomSolar (Shenzhen) Technology Co., Ltd
